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    The Largest CRE Database in the US with Over 1 Million Listings

    660 E Eau Gallie Blvd, Unit 104 Indian Harbour Beach, FL 32937

    Sponsored
    For Lease
    $3,694 /Mo ($2 SF/Yr)

    COMMERCIAL - Indian Harbour Beach, FL

    Type:Retail
    Property size:
    15,000 SF
    Days on Market:
    27
    Last Refresh:
    Jan 25 at 11:06 am

    Property Features for 660 E Eau Gallie Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    Parking features
    Parking Lot, Assigned
    Size
    15,000 SF

    Utilities

    Sewer type
    Private Sewer, Public Sewer
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2013
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    Block
    Roof type
    Concrete

    We can help!

    Listing Contact
    Joanie Shepherd

    Prominent Properties of FL (321) 243-5688

    Listing agent Joanie Shepherd (321) 243-5688

    Listing date Dec 30, 2025

    MLS# 1044671

    Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Retail Space Available

    Located in the center of bustling E. Eau Gallie Boulevard beachside, this commercial space is the first seen upon entering the center. The property benefits from an excellent selection of successful co-tenants. The location experiences high traffic, with counts over 30,000. The bright space features floor-to-ceiling windows, providing ample light. The shopping center serves full-time and seasonal residents of the beachside communities. Signage opportunities include monument and facade options. Ample parking and an outdoor seating area are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Indian Harbour Place Shopping Center, Causeway Shopping Center, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Indian Harbour Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.588987
    Latitude
    28.139091

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Indian Harbour

      Retail spaces available in Indian Harbour Beach shopping center.
      247 East Eau Gallie Blvd, Indian Harbour Beach, FL 32937
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    • Contact for pricing
      6,000 SF

      Retail Space Near Coastal Activities

      Retail space near beaches with high traffic and local residents.
      243 E Eau Gallie Blvd, Indian Harbour Beach, FL 32937
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      1,765 SF

      Retail Spaces on Patrick Drive

      Retail spaces available in high-visibility shopping center on Patrick Drive.
      1847 S Patrick Dr, Indian Harbour Beach, FL 32937
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      1,906 SF

      Retail Space in Publix-Anchored Center

      Retail space available in a busy, established shopping center.
      204-276 E Eau Gallie Blvd, Indian Harbour Beach, FL 32937
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    FAQs

    What type of property is this?
    Shopping center - Bustling beachside location with high traffic and ample parking.
    Where is this shopping center located?
    The property is located at 660 E Eau Gallie Blvd, Unit 104 Indian Harbour Beach, FL.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on bustling E. Eau Gallie Blvd beachside with high visibility.; - High traffic counts exceeding 30,000 vehicles daily.; - Successful co-tenants and a thriving business environment.
    (321) 243-5688
    Request Owner's contact information
    660 E Eau Gallie Blvd, Unit 104 Indian Harbour Beach, FL 32937
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    Indian Harbour Beach, FL 32937
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    660 E Eau Gallie Blvd, Unit 104 Indian Harbour Beach, FL 32937
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    We can help!
    Listing Contact
    Joanie Shepherd
    (321) 243-5688
    Learn more
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